This is the Blog of Kurt Johnson one of the founders of the whistleblower company called The Dorean Group. This company challenges the illusion of a loan and the confidence game used to give it credence in the American Mortgage Industry.

Wednesday, February 08, 2012

HAPPY ANNIVERSARY

6 years of incarceration has now passed. It seems like a long time. But time is a very different measurement for God who is diligent about making all things work for the good for those who love Him. This delay from my perspective is where I find patience the stalwart friend of trust that escorts to the promise of God. Patience and trust are the reasoning partner with the faith of Christ that assure hope it is justified. How great it is to have a beloved with immutable integrity concerning His words. Where would these friends be without such character?

It is very difficult to convey into words the comfort in times of trial God’s love brings. So very few people discover the best in human love and yet even fewer have come to the knowledge of God’s love. You would think that my hope is to just get out of prison but that motive dies under God’s perfect love. One touched by God’s love sees his trials differently. The self and all its desires get lost is the desire to please and magnify the Beloved. His victory and triumph over wickedness is what hope has latched onto.

The GOOD NEWS has proclaimed this victory as a historical fact. News whether good or bad is only the report of something historical. When Christ brought the Good News of the gospel it was of a triumph over wickedness. All wickedness of all times including what I face in my Dorean struggle, a struggle that can wear out any human fortitude, which it has.

The revelation received through Dorean was the fraud crippling Americans with bogus debt and lawless power. What God added to this struggle was how insurmountable our judicial system is to the average man. What crimes we wrought upon our brethren and deceive ourselves it is just and righteous. I can honestly say without God’s gifts I would be trapped with a 25 year sentence for my good effort with Dorean. Most men are not possessed with the gifts I’ve received from God. Must they suffer or do we as God fearing Christians to resist evil? I am sickened by what the true righteous have allowed the wicked to institutionalize. We should all be shamed. I entered prison with a large Dorean battle I’ll exit with an even larger mandate. I cannot tolerate an American where perverts of justice like Alsup and Christians behave as acolytes of the devil perpetuating evil. A man in love with Christ must give himself over to this love and bear whatever cost associated.

Anniversaries are generally times to remember and recall love. I do this day and surrender myself in trust of the love I recall. No matter how long the delay or how difficult overcoming evil remains the devil and all his agents have picked on the wrong fellow because a man who will give himself over to Christ will advance His kingdom into evil’s territory..

Oh when the saints go marching in I want to be in that number. Until God gives me advance I will patiently collect anniversaries but I know evil’s day days are numbered.

Might men with their fake righteousness and the devil’s guidance bother me none, every temptation that arrives in my flesh and emotion as a response to this prolonged assault is soothed by a moment’s communion. To know God settles all matters. I know my words cannot comfort those who do not commune. If you walk and talk with Him He will confirm my witness of His victory is true. History will catch up soon enough. Until then He gives patience, peace, and love to overwhelm and subdue my fears.

77 comments:

What's ironic is that even the Devil knows his days of power are numbered. It won't stop him from doing his job of destruction though, but what is better to feel and know, knowing that at the end of the tunnel is victory, or knowing that in the end you lose everything. The Devil's kingdom has much to lose and it's not their place to "inherit the renewed earth". The fall of Babylon, the mother of all harlots, will be great indeed. What is ironic too, is that most followers of evil, will never see it coming, nor will the head of all that evil warn them of their impending doom for misery truly enjoys company.

In the end, all of them will only be able to commiserate, having no hope.

You can't take away faith and hope from a righteous man, even if you deny him speedy justice. This has always been the legacy of the true followers of Christ.

Who are these people who make judgments about borrowers that are so negative? Do they really think that 20 million people woke up one morning and decided to attack the financial services industry? Or is it possible that the financial services giants, now indicted for admittedly creating false declarations in false documents that were forged, were the culprits? And why did anyone at Fannie Mae think they could impose their felony's to cover over the simple fact that the values used by the “lenders” were wrong?

Fannie May(FNM)pulled the plug on a 2010 plan to forgive borrowers’ mortgage debt because company executives were “philosophically opposed” to the idea (versus third party's with no interest), a former company employee told House investigators. In a letter today to the FHA, Democrats challenged a January analysis from Acting Director Edward DeMarco that claimed principal writedowns would raise costs and increase taxpayer losses at the government owned company.The purpose of the plan was to develop “a responsible way to reduce principal balances for underwater mortgage borrowers without creating undue incremental moral hazard,”(major LOL) the employee told the committee.

Under the settlement, roughly 750,000 borrowers who lost their homes to foreclosure between 2008 and 2011 can expect to receive a $2,000 cash payment.The banks would also provide $17 billion in principal reduction and loan modifications for delinquent borrowers who are facing foreclosure.The deal includes $3 billion to help borrowers who are current on their mortgage payments but unable to refinance because they owe more than their homes are worth.

Worth reading the whole article on the 25 billion dollar settlement due to the 5 major banks fraud and only covers a few areas of their fraud and certainly doesn't release them from most of the liability they still face:

"The housing settlement gives President Barack Obama, as he seeks re-election in November, a chance to show his administration is willing to get tough with big banks to help ordinary Americans survive the pain of the nation's foreclosure crisis."

A male who still hasn't proved that he is a natural born citizen seeks re-election? How many court cases do you need to get the male to comply with the nation's charter? Answer: None, because there is no national charter. NONE whatsoever! Nobody should vote for any one, not even Ron Paul! This so-called "government" has got to go- scrap the entire scam-game and re-write a charter that the PEOPLE want.

750,000 people get a measly $2,000 and the rest of the money goes to the states to supposedly help people find housing or whatever. I wonder which "fund" California will deposit the money in and spend as they please.

$2,000 is chump change. On that amount a family of four might be able to stretch it to four months worth of food and no shelter. The latter is what they should be compensated because that's what was lost. A new home, not just bite to eat for few months.

n Thursday Schneiderman announced his support of the settlement. He said he will be able to continue a separate lawsuit against the banks for their use of the mortgage registry MERS in allegedly deceptive practices.

How about a lawsuit to GET RID OF, the mortgage registry MERS? How about a lawsuit to GET RID OF the criminal syndicate FEDERAL RESERVE.

WHO CARES if state governments sue the banks if the prize is more SLAVE SCRIP?

I wonder which "fund" California will deposit the money in and spend as they please.______________________________

They've got 3.3 billion just in bills to pay next month, otherwise, they are insolvent. Those need to be paid first. How would CA fare if all the government services shut down?

I suppose the monies buys a little more time for the bigger crap that is coming that's going to hit the fan.

Blame the negotiators for not extracting a bigger settlement. The banks know they got a good deal. Even CA caved in & accepted the settlement. Course CA never was exactly in a very good negotiating position being almost bankrupt and they really didn't have a whole lot time to disagree.

If you want to blame the people that's fine. We're not exactly in a very good negotiating position either. They've already bankrupted most of us too and the rest are probably living pay check to pay check.

"First was the word and the word was God, and without the word we cannot have any influence over the air and we are not going to lose the air. We’ll lose all the people before losing the air. The thought is not in the physical. The thought is in the spirit and the thought was How do we kill all these people, How can we kill all these people by dividing and conquering these people.

The real mind knows there is no such thing as dissipate because there’s no such thing as end. The flesh begins and ends. The spirit has no beginning or ending. It is eternal and eternity. And very seldom can eternity work its way thought the human convolusion confusion ___ ____ until they can communicate that the words in truth without the dis called people, who disembowel everything that is intelligent in the name of intelligence and crucify everything that is life in the name of religion and destroy everything they can in the name of God." Charles Manson

Foreclosure mess caused 7 trillion in losses. Course is the recent settlement a good thing? The settlement will cause the banks to foreclose on loans they put a hold on 14 months ago. There are 4 times the inventory of homes in foreclosure right now, than there are REO's currently, so when those foreclosures hit the market as REO's too, expect home prices to drop even more in 2012. In other words the bottom has not been hit yet in the real estate market:

Well, it's simple. We follow the words of Charles Manson as gospel truth, and let him go free from prison to go out & perform the works of his Masters so he can finish what he started, the "Helter Skelter" war of killing the innocent people like Sharon Tate and friends.

The ultimate tyranny in society is not controlled by martial law. It is controlled by psychological manipulation, through which reality is defined so that those who exist within it do not even realize that they are in prison. Barbara Marciniak

Well, it's simple. We follow the words of Charles Manson as gospel truth, and let him go free from prison to go out & perform the works of his Masters so he can finish what he started, the "Helter Skelter" war of killing the innocent people like Sharon Tate and friends.

1. We've now set a price for forgeries and fabricating documents. It's $2000 per loan. This is a rounding error compared to the chain of title problem these systematic practices were designed to circumvent. The cost is also trivial in comparison to the average loan, which is roughly $180k, so the settlement represents about 1% of loan balances. It is less than the price of the title insurance that banks failed to get when they transferred the loans to the trust. It is a fraction of the cost of the legal expenses when foreclosures are challenged. It's a great deal for the banks because no one is at any of the servicers going to jail for forgery and the banks have set the upper bound of the cost of riding roughshod over 300 years of real estate law.

2. That $26 billion is actually $5 billion of bank money and the rest is your money. The mortgage principal writedowns are guaranteed to come almost entirely from securitized loans, which means from investors, which in turn means taxpayers via Fannie and Freddie, pension funds, insurers, and 401 (k)s. Refis of performing loans also reduce income to those very same investors.

3. That $5 billion divided among the big banks wouldn't even represent a significant quarterly hit. Freddie and Fannie putbacks to the major banks have been running at that level

4. That $20 billion actually makes bank second liens sounder, so this deal is a stealth bailout that strengthens bank balance sheets at the expense of the broader public.

5. The enforcement is a joke. The first layer of supervision is the banks reporting on themselves. The framework is similar to that of the OCC consent decrees implemented last year, which Adam Levitin and yours truly, among others, decried as regulatory theater.

6. The past history of servicer consent decrees shows the servicers all fail to comply. Why? Servicer records and systems are terrible in the best of times, and their systems and fee structures aren't set up to handle much in the way of delinquencies. As Tom Adams has pointed out in earlier posts, servicer behavior is predictable when their portfolios are hit with a high level of delinquencies and defaults: they cheat in all sorts of ways to reduce their losses.

7. The cave-in Nevada and Arizona on the Countrywide settlement suit is a special gift for Bank of America, who is by far the worst offender in the chain of title disaster (since, according to sworn testimony of its own employee in Kemp v. Countrywide, Countrywide failed to comply with trust delivery requirements). This move proves that failing to comply with a consent degree has no consequences but will merely be rolled into a new consent degree which will also fail to be enforced. These cases also alleged HAMP violations as consumer fraud violations and could have gotten costly and emboldened other states to file similar suits not just against Countrywide but other servicers, so it was useful to the other banks as well.

8. If the new Federal task force were intended to be serious, this deal would have not have been settled. You never settle before investigating. It's a bad idea to settle obvious, widespread wrongdoing on the cheap. You use the stuff that is easy to prove to gather information and secure cooperation on the stuff that is harder to prove. In Missouri and Nevada, the robosigning investigation led to criminal charges against agents of the servicers. But even though these companies were acting at the express direction and approval of the services, no individuals or entities higher up the food chain will face any sort of meaningful charges.

9. There is plenty of evidence of widespread abuses that appear not to be on the attorney generals' or media's radar, such as servicer driven foreclosures and looting of investors' funds via impermissible and inflated charges. While no serious probe was undertaken, even the limited or peripheral investigations show massive failures (60% of documents had errors in AGs/Fed's pathetically small sample). Similarly, the US Trustee's office found widespread evidence of significant servicer errors in bankruptcy-related filings, such as inflated and bogus fees, and even substantial, completely made up charges. Yet the services and banks will suffer no real consequences for these abuses.

This posting defines, a bit clearer, the outline of the 'Robo-Settlement' signed on Thursday by the 49 Attorney's General, all except Oklahoma. More details will follow in the days to come.

Just so you understand, the "Robo-Settlement" isn't all inclusive.

It doesn't cover tens of thousands of loans or homeowners. It doesn't cover FHA, VA, Fannie or Freddie loans. But the the press doesn't really clarify that, yet. As a matter of fact, it isn't even a real settlement, yet. It makes an agreement to agree to make a 'settlement' that will have to be approved by the Court and then take YEARS to be as effective as it can be, which in itself is questionable.

You need to understand the value of "SPIN".

With all the AG's and politico's involved, it is sad to state that the most 'most honest' guys in the room were probably the Bankers. Everybody is looking out for their own best interests. But as I have been saying, it is movement. In my opinion, any movement is better than no movement, good or bad, at all.

I understand that I have been 'SPUN' so much, I think I'm dizzy.

Remember this: 'a point in every direction is the same as no point at all.'

Check out an old video from Harry Nilsson back in the 70's, it's called, appropriately enough, "The Point", listen to the musical story of Oblio and Arrow. It is an excellent video, take the the time to watch, you will learn something from this tale you can use. Very Family Friendly. Watch it all. Google: Harry Nilsson - Obliowww.youtube.com/watch?v=yGFlACG6qvI

One of my favorite parts -"think about your troubles"www.youtube.com/watch?v=hYu4uwV0-XU

U.S. Attorney General Eric Holder, U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers have announced that the federal government and 49 state attorneys general have reached a $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses. The joint agreement is the largest federal-state civil settlement ever obtained and is the result of extensive investigations by federal agencies, including the U.S. Department of Justice (DOJ), HUD and the HUD Office of the Inspector General (HUD-OIG), and state attorneys general and state banking regulators across the country. The joint federal-state group entered into the agreement with the nation's five largest mortgage servicers: Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial Inc. (formerly GMAC).

"This agreement holds mortgage servicers accountable for abusive practices and requires them to commit more than $20 billion towards financial relief for consumers," said Holder. "As a result, struggling homeowners throughout the country will benefit from reduced principals and refinancing of their loans. The agreement also requires substantial changes in how servicers do business, which will help to ensure the abuses of the past are not repeated."

The joint federal-state agreement requires servicers to implement new mortgage loan servicing standards and to commit $25 billion to resolve violations of state and federal law. These violations include servicers' use of "robo-signed" affidavits in foreclosure proceedings; deceptive practices in the offering of loan modifications; failures to offer non-foreclosure alternatives before foreclosing on borrowers with federally insured mortgages; and filing improper documentation in federal bankruptcy court.

"A final agreement can play an important role stabilizing and providing certainty and confidence to the housing and mortgage markets," said David H. Stevens, president and chief executive officer of the Mortgage Bankers Association (MBA). "With all the rumors and speculation surrounding these negotiations behind us, it is now imperative that policymakers, lenders, servicers and other stakeholders work together on policies and initiatives that will allow us to get the housing market on the road to recovery."

Under the terms of the agreement, the five servicers are required to collectively dedicate $20 billion toward various forms of financial relief to borrowers. At least $10 billion will go toward reducing the principal on loans for borrowers who, as of the date of the settlement, are either delinquent or at imminent risk of default and owe more on their mortgages than their homes are worth. At least $3 billion will go toward refinancing loans for borrowers who are current on their mortgages but who owe more on their mortgage than their homes are worth. Borrowers who meet basic criteria will be eligible for the refinancing, which will reduce interest rates for borrowers who are currently paying much higher rates or whose adjustable rate mortgages are due to soon rise to much higher rates. Up to $7 billion will go towards other forms of relief, including forbearance of principal for unemployed borrowers, anti-blight programs, short sales and transitional assistance, benefits for service members who are forced to sell their home at a loss as a result of a Permanent Change in Station order, and other programs. Because servicers will receive only partial credit for every dollar spent on some of the required activities, the settlement will provide direct benefits to borrowers in excess of $20 billion.

"The standards in this settlement can provide a framework for a national servicing standard that would provide borrowers with equal protections, regardless of where they live, and would give lenders a single set of rules governing how they interact with their customers," said Debra W. Still, CMB, chairman of MBA's Council on the Future of Residential Mortgage Servicing in the 21st Century. "If done properly, and in recognition of different business models, a nationwide standard would provide renewed confidence in the system and encourage qualified borrowers to jump back into the housing market."

Mortgage servicers are required to fulfill these obligations within three years. To encourage servicers to provide relief quickly, there are incentives for relief provided within the first 12 months. Servicers must reach 75 percent of their targets within the first two years. Servicers that miss settlement targets and deadlines will be required to pay substantial additional cash amounts.

In addition to the $20 billion in financial relief for borrowers, the agreement requires the servicers to pay $5 billion in cash to the federal and state governments. $1.5 billion of this payment will be used to establish a Borrower Payment Fund to provide cash payments to borrowers whose homes were sold or taken in foreclosure between Jan. 1, 2008 and Dec. 31, 2011, and who meet other criteria. This program is separate from the restitution program currently being administered by federal banking regulators to compensate those who suffered direct financial harm as a result of wrongful servicer conduct. Borrowers will not release any claims in exchange for a payment. The remaining $3.5 billion of the $5 billion payment will go to state and federal governments to be used to repay public funds lost as a result of servicer misconduct and to fund housing counselors, legal aid and other similar public programs determined by the state attorneys general.

"This is an historic amount of relief for California homeowners, but it is one piece of a broader focus," said California Attorney General Kamala D. Harris. "We will continue our crackdown on mortgage fraud and quickly move to pass legislation that will simplify, reform and upgrade our broken mortgage system."

The $5 billion includes a $1 billion resolution of a separate investigation into fraudulent and wrongful conduct by Bank of America and various Countrywide entities related to the origination and underwriting of Federal Housing Administration (FHA)-insured mortgage loans, and systematic inflation of appraisal values concerning these loans, from Jan. 1, 2003 through April 30, 2009.

Payment of $500 million of this $1 billion will be deferred to partially fund a loan modification program for Countrywide borrowers throughout the nation who are underwater on their mortgages. This investigation was conducted by the U.S. Attorney's Office for the Eastern District of New York, with the Civil Division's Commercial Litigation Branch of the Department of Justice, HUD and HUD-OIG. The settlement also resolves an investigation by the Eastern District of New York, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and the Federal Housing Finance Agency-Office of the Inspector General (FHFA-OIG) into allegations that Bank of America defrauded the Home Affordable Modification Program.

The joint federal-state agreement requires the mortgage servicers to implement unprecedented changes in how they service mortgage loans, handle foreclosures, and ensure the accuracy of information provided in federal bankruptcy court. The agreement requires new servicing standards which will prevent foreclosure abuses of the past, such as robo-signing, improper documentation and lost paperwork, and create dozens of new consumer protections. The new standards provide for strict oversight of foreclosure processing, including third-party vendors, and new requirements to undertake pre-filing reviews of certain documents filed in bankruptcy court.

"This settlement has broad bipartisan support from the states because the attorneys general realize that the partnership with the federal agencies made it possible to achieve favorable terms and conditions that would have been difficult for the states or the federal government to achieve on their own," said Colorado AG Suthers.

The monitor will oversee implementation of the servicing standards required by the agreement; impose penalties of up to $1 million per violation (or up to $5 million for certain repeat violations); and publish regular public reports that identify any quarter in which a servicer fell short of the standards imposed in the settlement.

"Evil always has to come in the guise of goodness. If evil comes at you directly you will recognize it for what it is. It has to convince you that it is doing something good, because people strive to do the good ultimately-- that is what human nature is--we want to strive to do the good--but evil comes wrapped in this attractive package proclaiming itself as good." Mark Passio

Kurt F. Johnson, 47Dale Scott Heineman, 50Union City, Calif.www.thedoreangroup.blogspot.comIn just a few short years, Kurt Johnson and Dale Scott Heineman grew a tiny redemption-based debt elimination practice into the largest mortgage-elimination firm in the country, the Dorean Group, with thousands of clients in at least 35 states. They promised followers who were about to lose their homes to foreclosure that they could own the home free and clear by simply transferring the property to a trust controlled by the Dorean Group. Dorean would then file a fake grant deed with the county recorder and in the short time when it appeared in the record that the home was debt-free, the client would apply for a new loan and split the proceeds with promoters. Johnson, Heineman and four other salespeople in their thriving company were convicted on multiple felony counts in 2007. Johnson is currently serving a 25-year sentence in federal prison, while Heineman is serving 21 years.

Approximately $1.5 billion of the settlement funds will be allocated to compensation to borrowerswho were foreclosed on after January 1, 2008. These borrowers will be notified of their right tofile a claim. Borrowers who were not properly offered loss mitigation or who were otherwiseimproperly foreclosed on will be eligible for a uniform payment, which will be approximately$2000 per borrower depending on level of response. Borrowers who receive payments will nothave to release any claims and will be free to seek additional relief in the courts. Borrowers mayalso be eligible for a separate restitution process administered by the federal banking regulators.

Well, you need to understand it's an agreement agreed to be signed by all parties involved. In real estate it's like "a letter of intent" which is an agreement of general terms, but not all terms.

It's not even a contractually binding agreement at this point in time, this settlement of 26 billion.

It's just one element of a contract, a meeting of the minds. You need all of the other elements too for it to be contractually binding.

When the TARP funds and other bailout funds should have paid off all delinquent mortgages, a $2,000 fee for being denied a loan modification is a slap in the face I know, but to someone living in the streets now, maybe $2,000 is a lot of money. Sometimes you have to just take what you can get & hope for a better day tomorrow.

Anyone who was foreclosed on and now living in the streets is SOL $2,000. I bet most people did not even leave forwarding addresses. That means, more money for the banks. How would the people who are now homeless find out about the $2,000? The answer is, they wouldn't.

Anyone who was foreclosed on and now living in the streets is SOL $2,000. I bet most people did not even leave forwarding addresses. That means, more money for the banks. How would the people who are now homeless find out about the $2,000? The answer is, they wouldn't.

Anyone who was foreclosed on and now living in the streets is SOL $2,000. I bet most people did not even leave forwarding addresses. That means, more money for the banks. How would the people who are now homeless find out about the $2,000? The answer is, they wouldn't.

ye, yo shit off lick trying to get you 2000 dools.

the harmless shitters are not wifed fo instanet, so yo wont even fine out about the rebait.

and evens if yo did, whay they gonna male yo the chick to?

no addirss, maybe they can slip it undaneeth yo blankit when yo leaf fo the day?

Spending money on drone technology is more important than fixing the broken economy.

from the newsletter Dollar Vigilante:

UNMANNED DRONES TO MAN THE SKIES OVER AMERICA

Even Orwell may be shocked to hear that Congress has just passed a bill, the FAA Reauthorization Act, mandating that the Federal Aviation Administration create a comprehensive program for the integration of drone technology into the national air space by 2015. The FAA predicts that there will be 30,000 drones crisscrossing the friendly skies of America by 2020.

Currently all drones are "piloted" by desk jockeys who sit in air-conditioned offices, occasionally dealing some death at the push of a button. Imagine some publicly "educated" kid who's played Black Ops in his basement his whole life and is completely unattached to anything resembling real life sitting behind the joystick - only a finger twitch away from you being blown into bits...________________________

Susan Lindauer CIA whistle blower reveals everything she knows on the dirt.Why would she be be on Russia today if she was hoaxing it??? RT always confirms the facts before they release a story you CIA trolls.http://www.youtube.com/watch?v=bfv1uPBmR5g&feature=related

Plunging deeper into the farce-hole, the FT reports tonight that Obama's foreclosure settlement with the banks over their improper seizure of tax-paying US citizens' homes will in fact be subsidized by those very same US taxpayers. It is a hidden clause (that has not been made public yet) that allows the banks to count future loan modifications under the $30bn (taxpayer funded) HAMP initiative towards their $35bn agreement to restructure obligations under the new settlement. As the FT goes on to note, BofA will be able to use future mods made under HAMP towards the $7.6bn in borrower assistance it is committed to provide - which means, in a (as TARP inspector general Neil Barofsky describes) 'scandalous' turn of events the bank will receive payments for averting a borrower default and be reimbursed by the taxpayer for the principal write-down. We have much stronger words for how we are feeling about this but Barofsky sums it up calmly "It turns the notion that this is about justice and accountability on its head". Are the Big Five banks truly beyond the law? (lol, absolutely.)

Charles Manson: " The prison doesn’t begin and end at the gate—the prison is in the mind—it’s locked in one world that is dead and dying or it’s open to a world that's free and alive. Drugs, LSD, I don’t consider a drug. I don’t consider peyote a drug. Those are religiously significant awareness mind-expanding apparatus’s that come from the intelligence of the universe. "

From the lips of Richard Ramirez, Serial Killer:

What serial killers do on a small scale governments do on a large one. They are a product of the times and these are blood-thirsty times.

People in this day and age are brainwashed and programmed like a computer and being nothing more than puppets. This nation, this country is founded in violence. Violent delights tend have violent ends.

California’s largest banks are expected to soon see debt-rating downgrades by Moody’s Investors Service , according to a report Monday from CreditSights, an independent research service.The downgrades are expected to affect large banks with significant roles in the capital markets, giving them exposure to “Eurozone weakness and elevated economic and market uncertainties,” CreditSights says in its report covered by TheStreet.com today.

Banks expected to hit with downgrades include the industry’s Big Three: Bank of America , (NYSE: BAC) Wells Fargo (NYSE: WFC) and J.P. Morgan Chase . (NYSE: JPM) Citigroup ’s (NYSE: C) rating is also likely to be cut, given its role as a major player in the global financial markets.

“The agency (Moody’s) alluded to possible two- to three-notch negative impacts for all these players, but more particularly to the pure-play capital market players such as Goldman Sachs (NYSE: GS) and Morgan Stanley ,” (NYSE: MS) according to the CreditSights report, citing a Moody’s conference call earlier this month.

The ratings of Moody’s and Standard & Poor’s are closely followed because downgrades can affect what the major banks pay to borrow money and the amount of collateral posted in their derivatives operations.

Bank of America, for instance, last fall moved a reported $55 trillion in derivatives to its banking unit at the request of clients. The move puts clients in a better position because federally insured deposits, and ultimately U.S. taxpayers, now stand behind those derivatives.

The first requirement is that you know something about our Constitution. Without this knowledge, these legal eagles will continue to make monkeys of you. It would be ridiculous to memorize the document and no one expects that. Nevertheless, the purpose of the jury is to safeguard other citizens from an overzealous government. You should know where to look to see if they have the authority to pass the law under which they are accusing the person on trial.

There are only four crimes listed in our Constitution. These are:

1. Counterfeiting of securities and current coins, (Art I, Sec 8)

2. Piracies and felonies committed on the high seas, (Art I, Sec 8)

3. Treason against the United States (Art III, Sec 3)

4. Offenses against the law of nations (Art I, Sec 8)

That's it! We gave NO power to Congress beyond these four to define a crime. Sounds weird... but it's true.

In 1821, Chief Justice John Marshall, of the United States Supreme Court stated in an opinion, "Congress has a right to punish murder in a fort, or other place within its exclusive jurisdiction; but no general right to punish murder committed within any of the States." Further, he added, "It is clear, that Congress cannot punish felonies generally;" (Cohen v Virginia, 4 Wheat (US) 264) (1821).

It's been more than 2 days, they have to let him go. End of story.Their suspect has no value now. If they haven't found anything out, they have to let him go. It's not even a story at this point in time. No news is good news in his favor.

About Me

I have taken on the role of a whistleblower in the American Mortgage Industry because of my prior experience with being prosecuted by the government for securities fraud. I didn't mind doing the time (5yrs. 8mon.) for a crime I didn't commit but I did mind the hypocrisy of the mortgage industry doing everyday what the government convicted me of and there being no interest. I decided that a company that took the matter to the people and forced the issue might just make the interest appear and that it has. Now maybe truth will find a place in the financial markets and in the hearts of the abused Americans. The American Dream of owning your own home is a hostile venue of economic warfare where a small unwavering voice can change the balance of equity.